Tripp Mann
Company Overview:
ZenaTech is a drone technology company specializing in drone-as-a-service solutions across a variety of industries. Their fleet ranges from small drones used for warehouse inventory management to large, industrial-grade drones deployed for land surveying and mineral exploration.
What sets ZenaTech apart is its service-based business model. Unlike traditional drone companies that focus solely on selling hardware or software, ZenaTech offers a bundled solution: both the drone hardware and the software as a managed service. With roots in the SaaS world, the company understands that one of the biggest barriers to drone adoption is ownership—purchasing, operating, and maintaining drones requires time, expertise, and resources.
Financial Rundown:
As of this writing, ZenaTech is trading at $3.70 on the Nasdaq, with a market capitalization of approximately $96 million. It’s an emerging growth company, meaning investors should be prepared for potentially high volatility.
It’s also worth noting that ZenaTech is a “controlled company”—its CEO owns over 50% of the outstanding shares. This concentration of control introduces additional risk, particularly for minority shareholders. In my view, this makes ZenaTech a speculative investment.
My Opinion:
Before diving into ZenaTech specifically, it’s important to acknowledge the broader context: the drone industry is expected to experience massive growth over the next five years, especially when paired with advancements in AI and automation. That said, investors should evaluate the company itself—not just the industry hype.
ZenaTech is well-positioned to benefit from recent U.S. executive orders that support domestic drone manufacturers, giving them a significant tailwind. I’m particularly intrigued by their potential in the mining sector.
Exploration in mining is both expensive and risky. Junior mining companies, in particular, are cash-sensitive during the exploration phase. The more accurate and cost-efficient the data, the better decisions they can make before committing to costly drilling programs. ZenaTech’s AI-driven drone services could help mining companies gather better geological data, faster and cheaper—potentially revolutionizing how early-stage exploration is conducted.
Beyond cost and efficiency, imagine what this could do for discovery timelines—speeding up the identification of valuable minerals and maximizing drilling outcomes.
All that said, from an investment standpoint, ZenaTech is a high-risk, high-reward play. They are pioneers in their niche, but the drone services market is still in its infancy and highly competitive. A lot can change before investors see significant returns.
